bitcoin is going to start regulate in India again. after RBi banned earlier.
https://www.techllog.com/news/rbi-will-regulate-bitcoin-and-cryptocurrency/After this news , Indian investors will invest money in bitcoin and other currency and it will affect market price . as i know Indian price are always +20% then normal rates.
and i do not believe that bitcoin will drop back to 1000$ until many good companies leave ether and bitcoin. if this happens then this will be world crises issue of payment.
the price of bitcoin 20k$ rised due to south Korea exchange after the ban its price reduced like hell, Did you think if ban lifted up and then price will up again wait for that moment and enjoy that ride moment...
Yes, I agree with your opinion.
Bitcoin never back to $1000 else it will be world crisis issue.
Also I know that Bitcoin will be legal in Russia soon and price will be +100%.
What you think about bitcoin in Russia?